3 Steps to Financial Freedom
Want to learn how you can start your journey towards financial freedom, but don’t know where to start?
In this episode of the Decide It’s Your Turn® Podcast, money mastery coach Erinn Bridgman, shares her top 3 steps to get you started on your journey towards financial freedom and building your generational wealth.
In this Decide It’s Your Turn™ episode, you will learn:
- Erinn’s personal story to financial freedom
- How to make your money work for you
- The 3 steps to financial freedom
Financial Freedom
[1:40]
Erinn’s mission is to help educate women on money, their mindset around it and how they can start to build generational wealth.
[3:30]
Retirement doesn’t have to mean you don’t work anymore in a business you love, but what it does mean is that you have achieved financial freedom.
[5:41]
Erinn’s story of financial freedom started at the humble beginnings of student debt and working a job that she loved but didn’t necessarily pay well.
[6:43]
You have to know your money in order to understand how to manage your money.
[8:36]
Your journey to financial freedom begins with making one decision or investment towards the future.
Make Your Money Work For You
[9:23]
If you’re wanting to make more money, a good question to ask yourself is: how can you make your money work for you?
[10:06]
When you invest your money into passive industries such as real estate your money is working for you, and you begin to see a return on your investment.
[11:01]
No one makes money by playing it safe. Most money-mindset includes taking risks.
True Grit
[17:46]
You have to be willing to take a few steps back in order to then propel yourself forward.
[19:35]
Investing, learning how to manage your money and starting your wealth journey can all be daunting. But with true grit and determination, you will make it through the low times and experience to highs of your hard work.
[20:04]
When you encounter hard times you have to find the wisdom in the moment. Every season presents an opportunity to learn something new.
3 Steps to Financial Freedom
[27:05]
The first step to financial freedom is to have a clear vision of what you want and a specific goal to get you there.
[27:56]
The second step is to ask yourself, “How will I feel once I’ve achieved this goal?”, and reflect on the emotion attached to the goal.
[30:30]
The third step of action is to write out your goals and put them where you will see them every single day. The repetition of seeing them will remind your brain that your goal is totally possible to achieve.
In summary the 3 steps to financial freedom are:
- Be Specific
- Figure out the emotion behind your goal(s)
- Write out your goals and put them in a place where you can see them every day
About Erinn Bridgman:
As a money mindset and management coach, Erinn Bridgman empowers female entrepreneurs to design a business that is not just ‘profitable’, but actually grows their personal wealth. She began by scaling her wedding photography business to over six figures in under two years, affording her the capital to begin funding the real estate empire she and her husband now run. Her life’s mission it to take the taboo out of money and help women gain financial confidence.
Follow Erinn’s journey on Instagram
Learn more about Erinn’s programs on her website
Show notes for 3 Steps to Financial Freedom:
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